PIPA Accreditation Program – Module Two – Legislation and Regulation of Property
PIPA Accreditation Program
QPIA® Training
This program has been developed by PIPA (Property Investment Professionals of Australia) as an industry benchmark of knowledge and skills for individual investors and professionals in industries involved with property investment. The six modules can be done individually or as a complete course to deliver education for anyone wishing to develop and expand their personal knowledge on property investment, or look for a career in property investment advising as a Qualified Property Investment Adviser (QPIA®).
Welcome to Module 2: Legislation and Regulation of Property.
This module identifies the issues and the different areas of law that interact with property. We have already mentioned that property advice is currently an unregulated space. However, while advice is unregulated, many other areas of law and regulation impact property investing. This includes historical common law protections, consumer protection legislation and regulation impacting conduct with clients, legislation in relation to property, landlords, and tenants, OH&S, etc. As well there is the space of relevant codes of practice, such as PIPA’s own. These need to be taken into account as you help your client think about their overall investment position.
Investment in property can be a highly successful strategy for wealth creation; however, it needs to be considered in light of regulatory risks and requirements. Investors need to understand the relative risks and possible returns of all different types of investment classes in order to make an informed decision. Being able to research, analyse and evaluate the merits of property in light of the regulatory environment is a necessary skill for a property investment adviser.
* PIPA has developed the PIPA Accreditation Program, Qualified Property Investment Adviser (QPIA®) training which enables the use of the post-nominal QPIA® and logo. To achieve this standard and in order to keep this qualification at a current level, you will be required to:
- successfully complete the PIPA Accreditation Program;
- be able to demonstrate at least 2 years of relative industry experience i.e. real estate & associated services, finance, or mortgage services, etc;
- maintain full membership of PIPA or be gainfully employed by a member company;
- undertake the QPIA® Continuing Professional Development Program; and
- register the QPIA® status with PIPA, renewing annually.
** Please note that the use of the QPIA® post-nominal and logo without complying with the items listed above is not permitted.**
